Top 5 Ways to Sell Your Home More Quickly Planning to sell your home? Or maybe your home is already on the market? Are you feeling a bit discouraged by the chatter on the street and media messages talking about increasing inventory suffering sales? Say to those messages, “I will not live in fear.” Get educated, be one with the market trends arm yourself with tricks of the trade to so you can enter a full market with plenty of opportunity available to you. Yes, it is true there is a full inventory currently on the market. Not a problem for you, because you know these there are things you can do to ensure your home sells more quickly, while still collecting the maximum sales price possible. As a member of the Top 5 in Real Estate Network, I -- along with my team -- have many years of experience working with home sellers and have learned a few strategies that really work toward securing a buyer more quickly and we want to share them with you. Exposure, Exposure, … [Read more...]
Practicing good seller’s etiquette
Practicing good seller's etiquette Let's face it: When your house goes on the market, you're not only opening the door to prospective buyers, but also sometimes to unknown vendors and naïve or unqualified buyers. As with any business transaction, there is an expected protocol to how sellers, buyers and their respective agents interact. Should you find yourself in a sticky situation, alert your agent so he or she can address and remedy the problem. The aggressive agent When your agent puts your house on the market, typically all promotional materials state clearly that your agent is the primary contact for buyers and buyers' agents. However, sometimes a buyer's agent will contact a seller directly to try to either win over their business or cut the seller's agent out of the deal. This is not reputable behavior and you should report it to your agent immediately if it happens to you. The unscrupulous vendor Have you ever started a business or moved into a new house … [Read more...]
How to price to sell and still make a profit
How to price to sell and still make a profit The asking price you set for your home significantly affects whether you will profit in the sale, how much you will profit and how long your home will sit on the market. Your real estate agent's knowledge of the overall market and what's selling - or not selling - will be invaluable in helping you determine the price. The objective is to find a price that the market will bear but won't leave money on the table. Here are some points to consider: Time. Time is not on your side when it comes to real estate. Although many factors influence the outcome, perhaps time is the biggest determinant in whether or not you see a profit and how much you profit. Studies show that the longer a house stays on the market, the less likely it is to sell for the original asking price. Therefore, if your goal is to make money, think about a price that will encourage buyer activity (read: fair market value). Value vs. Cost. Pricing your home to … [Read more...]
10 Questions to Ask Your Realtor about Selling a House
10 Questions to Ask Your Realtor about Selling a House Are you a full-time professional real estate agent? How long have you worked full time in real estate? How long have you been representing buyers? What professional designations do you have? Knowing whether or not your agent practices full time can help you determine potential scheduling conflicts and his or her commitment to your transaction. As with any profession, the number of years a person has been in the business does not necessarily reflect the level of service you can expect, but it is a good starting point for your discussion. The same issue can apply to professional designations. Do you have a personal assistant, team or staff to handle different parts of the purchase? What are their names and how will each of them help me in my transaction? How do I communicate with them? It is not uncommon for agents who sell a lot of houses to hire people to work with them. As their businesses grow, they must be able … [Read more...]
Eight steps to selling your home
Eight steps to selling your home Define your needs. Write down all the reasons for selling your home. Ask yourself, "Why do I want to sell and what do I expect to accomplish with the sale?" For example, a growing family may prompt your need for a larger home, or a job opportunity in another city may necessitate a move. For your goals, write down if you'd like to sell your house within a certain time frame or make a particular profit margin. Work with your real estate agent to map out the best path to achieve your objectives and set a realistic time frame for the sale. Name your price. Your next objective should be to determine the best possible selling price for your house. Setting a fair asking price from the outset will generate the most activity from other real estate agents and buyers. You will need to take into account the condition of your home, what comparable homes in your neighborhood are selling for, and state of the overall market in your area. It's often … [Read more...]
